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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: Ronald J. Clark who wrote (28)5/19/1997 1:14:00 PM
From: Joseph T. Worley   of 275
 
Ron, I'm curious. When the company attempts a 'dual completion', does that mean that each source can produce up to the legal daily limit ? That's the impression I've gotten but I would like to confirm it. If that is the case, a successful dual completion will add considerable cash flow. I've been told that FPX's total monthly cash flow will be in the neighborhood of $400-500K if this dual is successful.

If history repeats itself, the results of the completion will be reflected in the price of the stock well before we see a release from the company. That's not meant to imply the company isn't timely with news releases, it just seems results tend to leak out. I'm expecting a sudden move one way or the other before the end of the week.
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